Dirtt

Citi, Merrill, WaMu: Death Spiral Financing

Dead Elephant Bounce. I'm beginning to wonder if people watch the cheerleaders at CNBC for a parody to financial news.

But someone needs to lead the herd by the nose hair.

Great article/comments.

California foreclosures up 261%. Hank Paulson claims a "turn in housing in months". 12? 24 months? Which Hank? The primary dealers won't be helping this malfeasence.

Blasphemy.